All posts tagged: QuickBooks

QuickBooks Consolidated Financial Statements

What is QuickBooks Consolidated financials?

A set of QuickBooks Consolidated Financial Statements consists of reports that show the operations, cash flows, and financial position of a parent company and each individual subsidiary. You can easily print each companies’ financial statements from your QuickBooks Company files. To get consolidated financials from multiple QuickBooks company data files you need to have a set of consolidated reports capable of easily combining them.

These financial statements include assets, liabilities, equity, income, expenses and cash flows. The balance in individual accounts from each subsidiary are totaled and presented in a single total and as a single economic entity

The top 3 reasons to have QuickBooks Consolidated Financials at your fingertips?

The highly anticipated Quickbooks 2019 software was released on September 17, 2018. Quickbooks 2019 is full of helpful features which improve upon prior versions of Quickbooks software, including Quickbooks 2018 and Quickbooks 2017. Each week, we will be highlighting just a few of these new and improved Quickbooks 2019 features.

Quickbooks 2019 features include….

More reliable sick and vacation time tracking.

In the past, it was easy to overpay employees for sick and vacation benefits in Quickbooks Payroll. In Quickbooks 2019, Intuit has included a helpful warning when an employee has used up their sick or vacation time. In fact, the new pay stub format includes a column for accrued, used, and available sick and vacation time so that both employer and employee are clear on what has been used.

Inventory Enhancement

In prior Quickbooks versions, we often came across issues where the balance sheet did not match the Inventory Item Summary report. By default, the inventory item summary will not list inactive items, but the inventory total would include inactive items as shown in total on the balance sheet. In Quickbooks 2019, if you try to mark an inventory item inactive but it still has a quantity on hand balance, you will receive an error message. Additionally, the Inventory Valuation Summary report now shows you which items you have inactivated.

Track Your Outstanding Invoices

The new version of Quickbooks now includes a consolidated snapshot of your invoices. It also allows you to check when your invoice has been viewed so you can follow up on A/R balances easily.

Transfer of Credits for Customers and Jobs

Quickbooks 2019 allows you to apply credit memos across all jobs rather than one specific job, saving you a ton of time and frustration. The new account is called “Account for credit transfer” and is inactive and zeros out.

October 1, 2017 – new customers and customers with a renewal dates between 10/1 – 10/31/2017 will experience a 10% increase

November 1, 2017 – new customer and renewal dates on or after 11/1/2017 will experience a 30% increase

Contact a certified consultant at JCS for more information regarding the launch and price increases at 800.475.1047

Frequently Asked Questions regarding the Price Increase:

ProAdvisors will still have access to discounts that may be applied to monthly and annual pricing

Effective November 1, 2017 monthly pricing will increase 30% higher, while 10% price renewals will occur between October 1, 2017 and October 31, 2017.

Annual Pricing will increase 10% beginning September 18, 2017

QBES Hosting bundles will include a 10% price increase on the ES portion of the bundle effective October 1, 2017 Per-Seat hosing fee remains the same and hosting bundles will not be impacted by the 30% increase starting November 1, 2017.

Customers are being notified of increases 30 days prior to their renewal date

Customers who choose monthly billing are on annual billing and their monthly rate will only increase upon annual renewal date.

For increase concerns, we encourage you to contact our QuickBooks ProAdvisors at JCS to discuss annual savings.

For more information on QuickBooks 2018 give one of our professional consultants a call 800.475.1047 www.jcscomputer.com

With over 25 years of accounting and business knowledge as well as proficient technical background you get the training and support your business needs and deserves working with a proficient expert consultant. You can work with the same consultant to help you master your QuickBooks Software and for those occasional questions you need help with so you can understand best practices and how to manage your company information and books.

Accounting Business Solutions by JCS is a Master Certified Solution Provider for Sage and Intuit products including Sage 50 Accounting, Sage 100, QuickBooks and QuickBooks Point-of-Sale software. For manufacturing businesses, Accounting Business Solutions by JCS offers MiSys and JobOps Manufacturing Software Solutions. JobOps and Corrigo are available for Field Service Management…

Accounting Business Solutions by JCS offers much more than small business accounting software. ABS by JCS performs valuable detailed business reviews to identify areas for improvement and provides solutions to increase efficiency.

Expert certified trainers offer the experience and solution-oriented instruction you need to maximize your accounting and business software’s power.

Our unequaled support services include installation, set-up and integration, as well as interpretation of performance results. Put our 25+ years of knowledge to work for you!

Arlington Heights, IL September 2017– Accounting Business Solutions by JCS the nation’s leading premier provider of technical support and training for Sage Software, Intuit QuickBooks, MiSys, JobOps, Point of Sale, Timeslips, Advanced Reporting and Barcoding announced their nomination for 2017 Entrepreneurial Excellence Awards presented by Business Ledger. The Entrepreneurial Excellence Award recognizes and builds entrepreneurship in suburban Cook County, DuPage County, Kane County, Lake County, McHenry County and Will County Illinois.

“Accounting Business Solutions by JCS always strives to provide highest quality training and support to its customers”, said Jennifer O’Brien, President, Accounting Business Solutions by JCS “Our commitment to growth for our clients is what really sets us apart”.

With over 25 years of accounting and business knowledge as well as proficient technical background you get the training and support your business needs and deserves working with a proficient expert consultant. You can work with the same consultant to help you master your Sage Software and for those occasional questions you need help with so you can understand best practices and how to manage your company information and books.

Effective September 18, 2017 all existing Enterprise Full Service Plan customers will be automatically converted to a new subscription plan upon the customer’s renewal date. Annual subscription plans will be renewed every year at the renewal date automatically. For FSP customers that choose not to renew, they will have the ability to continue using their Enterprise software with support for Payments and Payroll for 3 years after their last renewal and only software security updates. Payroll is not included but customers will receive the same benefits as Platinum. Current Silver, Gold or Platinum subscription customers will not be impacted. Current FSP customers will may be migrated to other tiers as appropriate before their renewal date allowing customers to get the right products applicable to them. Subscription prices will be the same as the current FSP renewal rates.

QuickBooks Online

Starting October 18, 2017, both new and existing IRP QuickBooks Online Plus and Essentials customers will see an adjustment with their rates. All customers affected will receive a notification from Intuit at least 30 days prior to their price increase.

Customers who recently purchased QuickBooks 2017 have the ability to get the 2018 upgrade at no cost, unless they would like a CD which will incur a minimal cost.

For more information on QuickBooks give one of our professional consultants a call 800.475.1047 www.jcscomputer.com

With over 25 years of accounting and business knowledge as well as proficient technical background you get the training and support your business needs and deserves working with a proficient expert consultant. You can work with the same consultant to help you master your Sage Software and for those occasional questions you need help with so you can understand best practices and how to manage your company information and books.

Updated format with new headers for many key reports including Product Mix, Product Inventory Log, Establishment Payments and Sales Summary

New options that include calculate production over a set quantity rather than net sales to reduce the risk of running out of products.

With over 25 years of accounting and business knowledge as well as proficient technical background you get the training and support your business needs and deserves working with a proficient expert consultant. You can work with the same consultant to help you master your Sage Software and for those occasional questions you need help with so you can understand best practices and how to manage your company information and books.

Sage 50, QuickBooks Sage 100 Expands to Charleston, South Carolina

FOR IMMEDIATE RELEASE
Lauren LaMantia
800.475.1047

Charleston, South Carolina – Accounting Business Solutions by JCS the nation’s leading premier provider of technical support and training for Sage Software, Intuit QuickBooks, MiSys, JobOps, Point of Sale, Timeslips, Advanced Reporting and Bar coding announced the addition of a new office in Charleston, South Carolina. A drastic increase in demand for the company’s training and services to the small-medium business market necessitated the addition of the new office.

“Accounting Business Solutions by JCS always strives to provide highest quality training and support to its customers”, said Jennifer O’Brien, President, Accounting Business Solutions by JCS “Our new Facility in Charleston, South Carolina will provide expanded consulting services to our South Carolina based clients”.

QuickBooks Sage 50 and Sage 100 Charleston. With over 25 years of accounting and business knowledge as well as proficient technical background you get the training and support your business needs and deserves working with a proficient expert consultant. You can work with the same consultant to help you master your Sage Software and for those occasional questions you need help with so you can understand best practices and how to manage your company information and books.

Beginning June 19th Accounting Business Solutions by JCS is offering a promotion for QuickBooks Enterprise. For a limited time annual billing plans purchased are 10% – 40% off. Contact JCS today for pricing and details with this promotion.

Hurry this offer ends July 14th, 2017

For more information on QuickBooks give one of our professional consultants a call 800.475.1047 www.jcscomputer.com

With over 25 years of accounting and business knowledge as well as proficient technical background you get the training and support your business needs and deserves working with a proficient expert consultant. You can work with the same consultant to help you master your Sage Software and for those occasional questions you need help with so you can understand best practices and how to manage your company information and books.

While this list can be extensive, it is extremely important to have more information to purchase, upgrade, or update your Network Server adequately to meet your businesses current needs and future needs.

Do you have a current server?

Is the new server replacing your current server or is it in addition to your current server dedicated to Sage QuickBooks?

What are the specifications of your current server?

CPU –

Memory –

Disc Space (total and available) –

Backup Technology currently in place –

Are the workstations members of the domain or running as peer-to-peer?

Is the server running Active Directory Domain Services or acting as a Member Server?

For more information on QuickBooks give one of our professional consultants a call 800.475.1047 www.jcscomputer.com

With over 25 years of accounting and business knowledge as well as proficient technical background you get the training and support your business needs and deserves working with a proficient expert consultant. You can work with the same consultant to help you master your Sage Software and for those occasional questions you need help with so you can understand best practices and how to manage your company information and books.

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